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This Order is made by the Treasury following a review of the general level of prices conducted by them under section 150 of the Social Security Administration Act 1992 in the tax year ending 5th April 2010. Although the Treasury determined that the general level of prices was not greater at the end of the period under review than it was at the beginning, they have decided to use their discretion afforded by section 23 of the Welfare Reform Act 2009 (c. 24) to increase the weekly rate of guardian’s allowance prescribed in paragraph 5 of Part 3 of Schedule 4 to the Social Security Contributions and Benefits Act 1992 (c. 7) from £14.10 to £14.30 with effect from 12th April 2010. The weekly rate of guardian’s allowance was last amended by the Guardian’s Allowance Up-rating (Northern Ireland) Order 2009 (S.I. 2009/798).
An full Impact Assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.
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